Money in Marriage
& Committed Relationships
Common Ground in Your Marriage
Marriage is more than a love commitment. It’s also a legal, financial commitment. Addressing the financial component, in a pro-active way, is often overlooked during engagement, and even after years of marriage. When money problems surface—as they inevitably do—the inability to work through conflicts can sever the sacred bond.
Understand the psychological dimension of each other’s money issues. Create a vision for your life together. Shared agreements and language for how money is discussed, tracked, spent and saved, in line with your merged financial means, are tools to keep love alive.
- Premarital Advising: Establish shared agreements, control and processes for how you will manage your money together. Learn money management as part of your wedding plans.
- Married Couples: Work through individual issues of safety and self-worth that show up as money conflicts. Reaffirm your bond; support each other’s growth.
Don’t let financial discord break you up. Learn Kathryn’s skills for communicating positively about money.
Money in all Varieties of Committed Relationship
Come together about how money operates in your shared life. Face together the reality of each other’s income, spending and savings—and the impact on your shared lifestyle and dreams. Skillfully comingle your money, share responsibility and have equal say.
Don’t allow money conflicts to erode your relationship. Understand and deepen your acceptance of each other’s issues. Make love endure.
Make Your Children Financially Responsible
Learn money skills to teach your children and grandchildren, and build their self-esteem. Say “no” in positive ways. Make them partners in saving for college. If circumstances cause them to move back home, set limits and agreements.